UPDATE 1-IMF deal lifts Ethiopia bonds as currency slides to record low
Ethiopia’s dollar-denominated
sovereign bonds jumped on Thursday to the highest since January
2018 while the currency eased to a fresh record low after Addis
Ababa reached a staff-level agreement with the International
Monetary Fund (IMF).
sovereign bonds jumped on Thursday to the highest since January
2018 while the currency eased to a fresh record low after Addis
Ababa reached a staff-level agreement with the International
Monetary Fund (IMF).
Posted by Reuters